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Top News In ஆட்டோமொபைல் சங்கம் ஆஃப் அமெரிக்கா Today - Breaking & Trending Today

Turkey: Automotive production down 11% in 2020

Automotive output in Turkey totals 1.3M units in 2020, including 916,543 units exports
Gokhan Ergocun |
17.01.2021
ISTANBUL
Automotive production and exports in Turkey decreased by 11% and 27%, respectively, year-on-year in 2020, the country s Automotive Manufacturers Association (OSD) said Sunday.
Last year, the automotive industry made the lion s share of the country s overall exports with 15%, the association said in a press release.
While total automotive production, which includes all types of vehicles, was nearly 1.3 million units, total automobile production was just 855,043, down 13% on a yearly basis.
Automotive exports totaled 916,543 units, while automobile exports were 596,616 units, down 28% over the same period.
Commercial vehicle production also narrowed in 2020, down 9% year-on-year. ....

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After long journey, Fiat Chrysler, PSA to seal merger to become Stellantis

After long journey, Fiat Chrysler, PSA to seal merger to become Stellantis
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Computer chip shortage disrupts global car production | Business| Economy and finance news from a German perspective | DW

Computer chip shortage disrupts global car production
The auto industry has been left scrambling for semiconductors as a swift recovery catches their suppliers off guard. Strong demand for iPhones, Galaxy tabs and Playstation consoles from housebound consumers is to blame.
VW has been forced to reduce production at its Wolfsburg plant because of a chip shortage
The world s biggest carmakers, including Toyota and Volkswagen, have been forced to halt or slow production as a global shortage of computer chips cripples auto part suppliers in the latest blow dealt to the car industry by the coronavirus pandemic.
Soaring demand for smartphones, gaming consoles, tabs and other electronics by homebound consumers has prompted semiconductor makers to divert capacity away from the auto industry, leaving car parts suppliers like Bosch and Continental struggling to keep their customers supplied. ....

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Former VW Boss Winterkorn's Market Manipulation Trial Dropped

Former Volkswagen chief Martin Winterkorn s trial for market manipulation in relation to the company s emissions-cheating scandal has been dropped, a German court said Friday, though he still faces fraud charges. ....

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Global chip shortage hampers Japanese automakers' production and recovery

Read more about Global chip shortage hampers Japanese automakers production and recovery on Business Standard. Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fueled demand for the chips ....

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